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Search Results 0 to 28 of about 29 (some duplicates have been removed)
out of washington. we have boehner coming out with plan b. we are getting harry reid response saying that speaker banners -- boehner approach is very far away. the markets have managed to move back higher. there is a look at the nasdaq. the dow is a winner of about .5%. connell: let's follow up on this breaking news on the speaker of the house john boehner. dagen: richardson is live in washington, d.c. with what the heck. rich: the house will vote as early as this week to extend tax rates for those making less than a million dollars a year. house speaker john boehner says he is still negotiating plan a with president obama. the reason for the backup plan, speaker boehner says, after optimism, the white house is latest offer has soured the mood within republicans. >> it was essentially a $1.3 trillion in new revenues for only $853 billion in net spending reductions that is not balanced in my opinion. rich: there are substantial differences. the speaker is willing to allow a rate hike on those earning less than, excuse me, more than 1 million. speaker boehner wants a $1 trillion in spe
birthday to get a horse. she adored them. >>> another big story out of washington where there's been huge movement in the fiscal cliff wrangling with 14 days left to go before huge across-the-board tax hikes. overnight we learned that president obama made an eye-opening new offer in talks with house speaker john boehner. under this new proposal, tax rates would go up on incomes above $400,000. for years the president has campaigned that that number should start at $250,000. he's also offering some new spending cuts to go along with this. speaker boehner's latest proposal called for the tax hikes to kick in at $1 million. cnn's dan lothian is in washington with the latest on this. dan, it really does look like there is some movement. >> it does. this movement came during a meeting the president had with speaker john boehner yesterday at the white house. that meeting lasted for 45 minutes. it was the third time they had met in the past eight days. you're right, it is pretty dramatic because the president for years now had been holding steadfast to that $250,000 threshold, saying that the bu
amendment republicans are hoping will pass. here with exquisite exclusive details, richardson in washington. >> good evening. what republicans are looking to do in the house is basically deal with the tax provisions of the fiscal cliff to hit on january 1 so there will be two amendment votes on the house. the first constructed by republicans dubbed the nancy pelosi plan because it contains a number of the provisions she holds. amounts less than $250,000 per year, it extends some of the stimulus provisions with income taxpayers, child credit, and raising amounts more than $1 million. this is a republican plan ,-com,-com ma the one if it goes past the house, likely to pass the house, it makes the current rates permanent for amounts less than $1 million per year. it takes capital gains and dividend rates now 15%, make them permanent for amounts under $1 million for amounts more than $1 million it is 20% dividend rate operates. there is a permanent estate tax of 35% for amounts of more than $5 billion bid the sequester, automatic spending cuts set to hit starting on january 2 or 1st, essentiall
taxes. with the democrats in washington pay more attention if oprah threatened to turn in her passport? that's my two cents more. that's all for tonight's "willis report," and thank you for joining us. have a great night. see you right back here tomorrow. ♪ lou: good evening, everybody. a pounding deafening drum beat for gun control rising in the national media. imnating from washington, the president, and members of his party in congress. the tragedy, at sandy hook elementary school in newtown, connecticut, claimed the lives of 27 people, including 20 children understandably provoking calls for solutions, prevention of such bloodshed ever again. the dire to control the inexplicable and the unpredictable. >> are we really prepared to say that we're powerless in the case of such carnage? the politics are too hard? are we prepared to say that such violence visited on our children year after year after year is somehow the price of our freedom? lou: several democratic lawmakers echoing the president's sentimentses within only hours of the shooting pushing for second amendment restriction
out of washington have been priced into this market. the dow jones industrials dropped nearly 1%. the nasdaq up 1.4%. a look at the dow jones intraday with a majority of the dow components all into the green, names like bank of america leading the way, oil services all doing well, and talking with equity partners and said why does it pop right now if they think the fiscal cliff talks come to fruition. he said people are chasing. some people taking short-term profits, but altman o alternatee are still believers in a santa claus rally and the fact washington will get it right. melissa: nicole, thank you very much. proposals to avert the fiscal cliff coming fast and furious right now. we want to get you up to speed on where every proposal stands. for the first time the president conceding on tax hikes on those over 400,000 instead of 250,000 per year. that would raise in theory $1.3 trillion in revenue. speaker benard plans for tax hikes on those who make over a million dollars along with a trillion in spending cuts. although it looks like we may be getting closer to a deal, speake
the fiscal cliff. events moving faster in washington. house speaking boehner meeting with party members, moving to plan b. that deals with bush era tax cuts. the white house rejected that. investors like whatever progress we're seeing. s&p 500 at a two-month high. s&p up 1 1/3 -- 1.1 on s&p, dow jones industrial average up 114 points, almost a full% enand nasdaq up 1 1/3. the latest on how those negotiations are progressing. >> over the last 24 hours or so we've had a flurry of proposals, counter proposals, responses, responses to responses. as it lies right now, basically all those responses have been rejected by the other side. at the top of 2:00, we should have a new round because we're going to expect to hear from the senate democratic and republican leaders coming out and talking to cameras. we might get more reaction then. but earlier today speaker boehner came out and unveiled the big one, a two-track plan that would have the house vote on what he's calling plan b. take a listen to his rational for going that route. >> at this point having a back-up plan to make sure that as few
, it is carlos gutierrez. he has seen the interworking is a washington as secretary of commerce, but he also turned around it publicly traded qaeda -- iconic company. the shares of kellog moved around. now is moved to banking. he is joining me now on the first on fox business interview, and i want to let our viewers know the genesis of this. i ran into you in washington d.c. at the airport just a week and have caught two weeks ago. asset to me you have to come on the show because i thought your opinions are very interesting. right now, let's work with the news that we have today. john boehner saying 1 million, that is what people should have expiration on the tax threshold. the president moving from to 50 the possibly 400,000. will we have a deal? >> i think so. my opinion is that if we have to go over the fiscal cliff to get a good deal, we might as well bite the bullet now. do it now, and fro and the debt ceiling. it is a big -- liz: throw in the debt ceiling, you mean the republicans should use that in their back pocket? >> absolutely. it is to no one's benefit to have a debate in march a
that washington is getting its act together but progress on the fiscal cliff isn't driving everything higher. gold hit its lowest level in since late august that is confidence there. investors flee from the precious metal as a safe haven appeal fades. gold is hovering $1670 an ounce. >>> shares of blackberry maker research in motion slipping after being hit with a downgrade by toronto based national bank. rim shares closing down almost 1 1/2% today. >>> all right, you will not like this one of the popular photo sharing site instagram, now claims the right to sell user's photos without payment or notification. and get this. unless users delete their account before january 16th there is no way to opt out. instagram can sell your kids. they become an ad. so your image can be sold for a profit for instagram but not for you. the move already caused an outcry mopping users and here to break it all down is today's money power panel. attorney joey jackson. we have peter shenkman, marketing and social media expert and market guru, scott martin. wow, i couldn't believe this story when i heard it. joey, is t
with her son he enjoyed it and why she did it for thank thank, -- thanksgiving they went to washington d.c.. >> it is such a broadspectrum. and was he the kind of child functioning. hey, i am going to the store or i love you. or was he cold and defatched and unable to commune much. >> from my conversations with nancy. i love you and thratype of emotion was not what he would do. like you said. he was more detached . robber >> if is certainly tragic. andy was trying to rich, tharching you. >> and as a gunman burst in the school. one nurse hidurped her desk. >> as i crouched down. could see my dorway. he was in the office and then to my office. and when i heard the door close. and he possible i could see him knows now. >> right in front. >> twept feet away. nand facing his boots to my deck. nnancy lanza visit my place. one of thim show brought the boys along. >> we are more about. in the interview hoe gave me, he did it written and not on camera because he is getting tired. he wanted to make a couple ofs d. i see a lot of bads and she was not one of them. her son ryan adam's older brother w
to a compromise? we go back to cnbc's eamon javers who joins us from washington with all the details. good evening. >> reporter: good evening, larry. you're right, they did meet today. it was a surprise meeting not announced as the previous meetings between the two men have been in past weeks. so we know that the meeting lasted about 45 minutes and that treasury secretary tim geithner also attended. what we don't know is whether the two men came to any deal or not or advanced the discussions in any way today. what we do know is that up here on capitol hill, senator harry reid, the democratic leader, suggested to his fellow senators that they might consider coming back on december 26th, the day after christmas, to finish up the fiscal cliff which suggests to you that they might be heading down the path toward a deal, although that is not set in stone. meanwhile, over at the white house, the press secretary, jay carney, was asked about where the president stands on the fiscal cliff. and he did his best to give as invasive an answer as possible and keep the negotiating wiggle room open. take a listen
. i want to get to washington with some of the latest headlines regarding speaker boehner and what eamon is referring to as plan b. >> what we know is the speaker is in the basement of the capital building here right now, meeting with republican lawmakers to brief them on the status of the fiscal cliff negotiation, and what a gop leadership aide is now telling news news is the speaker is now prepared to offer what he's calling a plan b, or a modified plan b in which we don't do the grand big deal that the president and speaker of the negotiating on, but instead do something much smaller that would eliminate the pending tax increases for all americans, the speaker saying that he would like to have some kind of a deal, a modified scaled-down proposal now that would eliminate those for as many people as he can. the details are very sketchy on what modified plan b actually means in practice. but basically, it's something he can keep in his hip pocket right now in case these negotiations with the president don't bear fruit. and presumably what we're talking about here, carl, is a little
: you are looking live at washington d.c. in the capitol, believe it or not law makers hoping to avoid the fiscal cliff are making progress. aides said they were closer to cutting a deal. but one thing that will not click is tax hikes. how much would they be and who will would have to pay them when it come to revenue. joining us is saradoga springs, utah mayor mya love. he wanted tax increases and would now settle for 1.2 trillion and impact $400,000 or more. and sounds like he squished a bit on it and what do you think about the supposed deal? >> it is not much movement from the president's side. in if you are going for $250,000 to $400,000 that is not much. young came out with a report saying if you tax the top two brackets that will cost you 700,000 jobs. these are janitors going in and having their manager say i am sorry wecan't afford you any longer and these people are working pay check to pay check. they need mon tow feed their family. >> gretchen: - >> steve: the president wanted a two year debt limit. and that was the republicans leverage. it seems like the republicans are get
. the more wall street washington is rising above, the higher the market goes. >> rejection of how john boehner's plan "b" thatty had came out with today. the major averages are all trading around two-month highs today because it seems like progress is still being made on some kind of a deal. here's where we stand right now. the dow up 98 points, was up 125 at the high, and then the white house rejected and some comments by senate majority leader harry reid on that so-called plan "b" proposal from john boehner, sort of took some of the wind out of the sails. nasdaq still up 1.25%, a 3348 and the s&p 500 index is up 12-plus points right now at 1443. >> while the dow on pace for the first back-to-back triple-digit gains in nearly five months. can we hold on for the final hour? >> let's talk about that in our closing bell exchange. carol roth, the author of "entrepreneurial equation" is with us. from chicago, keith springer from springer financial adviser and john carpina is on the floor with us, and rick santelli, of course, is in chicago as well. carol, you've been skeptical about this m
the "washington post" and abc news. 54% say they favor stricter gun control laws. 43% say they oppose them. the pollsters say they did the survey this past weekend. mostly after the massacre at sandy hook. last night president obama spoke at a vigil in newtown and said the nation has to do more to keep this from happening again. >> in the coming weeks, i'll use whatever power this office holds to engage my fellow citizens from law enforcement to mental health professionals, to parents and educators in an effort aimed at preventing more tragedies like this. >> john: today the white house said gun control is only part of the president's plan. ed henry live at the white house for us. i guess press secretary jay carney wouldn't get too specific about that plan today. >> that's right. look, the president got high marks for those remarks he mentioned last night at that prayer vigil. i was there. across the political spectrum, people were saying it's perhaps struck the right tone. maybe there will be some action. but there is a way to have a reason debate to find out the best solution. jay carney
in washington. the big story here, deal making on the fiscal cliff. is there a break-through? tonight on "special report," despite concessions on both sides of the aisle, president obama and boehner are playing political hardball. the white house insists they are making a good faith effort to reach a compromise as boehner is readying what he calls plan b. we will lay it out for you. students in newtown, connecticut, reeling from the deadly school shooting were back in the classroom today. different classrooms. the massacre sparked intense debate in washington over gun control legislation and what can be done to cush violence across the country. the nra is now weighing in. the national debt, how much do you owe? we'll break down numbers to take a frightening look at that in part with the of the series, "the cost of spendin spending." now back to new york and my colleagues with "the five." >> dana: welcome back. after being charged with intoxicating manslaughter of his teammate, he cheered on the team from the sidelines. after mounting pressure the cowboys announced today they won't all
gun control regulation. nbc's tom costello is in washington with that part of the story. good morning, tom. >> hi, david. picking up on the discussion from "meet the press" over the weekend, we're talking about the assault weapons ban that congress allowed to expire in 2004. this morning, there is a growing chorus of voices, including some nra members calling for a new assault weapons ban to prevent any more tragedies. just four days since the massacre at sandy hook, signs of movement in the decades-long gun control debate. it began with president obama. >> are we prepared to say that such violence visited on our children year after year after year is somehow the price of our freedom? >> reporter: by monday morning, joe scarborough, now an msnbc host, came out forcefully against assault weapons. >> it is time for congress to put children before deadly dogmas. it's time for politicians to start focusing more on protecting our schoolyards. than putting together their next fundraiser. >> reporter: then, one of the biggest pro-gun senators. >> as your senator, i'll protect your second ame
christmas in washington, do they? >> you have thursday, friday and monday, right? >> you have a lot of aides prepared to come back after christmas to try and make sure they're not too far away from d.c. it does look encouraging. you've had movements on both sides. you've had boehner indicating that he's willing to accept and rising tax rate for the wealthiest. at the same time, you've had the president scaling back the limit to which those tax rates go up the. >> and they're not arguing about idealogical points any more. >> exactly. >> and what about the debt ceiling? do you think this gets thrown to the mix or not? >> well, i think the white house knows very strongly that as far as the markets are concerned, they want to try and get some kind of clarity for the next few months. after the last couple of years, no one really trusts the government or trusts the administration to not have a series of crisis and tiptoeing to the edge. so my bet is they will try to get some sort of deal. >> who has more trouble convincing the people they need to sign off? boehner could get enough with democrats a
. according to the washington post, the shooter had no social media profile. one former classmate said he had been home schooled for a time before attending the local high school. but, again, the investigation into the shooter is on going and a complete profile may not emerge for days or weeks yet. investigators hope to learn as much as they can by learning of the survivors of the massacre. today, we learned that two adults survived friday's shooting instead of the one that was previously reported. also, contrary to some earlier reports, a state police spokesperson says the shooter had no connection to the school either through his mother or to himself. sandy hook elementary school is closed indefinitely. school officials say it's unclear if the school will ever reopen. moving trucks were seen outside the school this morning. moving furniture and supplies to a vacant school in a neighboring town. in newtown today, the first two funerals for victims, both of them 6-year-old boys, noah pozner and jack pinto. jack was buried in a new york giants football jersey. victor cruz had the boy's name wr
: that's true. the market looked at the likelihood of a deal. david: because of the washington post article that said a deal was likely. stuart: at first they thought yeah a deal is likely. then you got more detail about the two sides and where they are. david: cold water was poured on the whole idea and look what happened to the market. charles: they are moving now. they are throwing numbers out there. it is part of the negotiation process. stuart: as news develops about taxes, higher tax tax rates are coming. that does not sit well with grover norquist. he will tell us all about his position 10:35 this morning, he is on this program. let's go to nicole. i want to check in with apple. where are they? 4 minutes past 10:00 eastern time. nicole: apple is doing great today. yesterday we talked about the fact it was at 501. it's traded as high as 526 and change. they are head-to-head with samsung here in the states and abroad. i was reading some headlines, samsung, injunction against the apple in eu, but at the same time a judge decided against apple today. there's back and forth betwee
this morning in fort washington. police say the robbers demanded cash cash and jewelry and the home opener was taken to the hospital wi with a gunshot wouldn't wound t the the back and he's expected to be okay. okay. >> w >> weather and traffic for you ri right after this. [ male announcer ] there are plenty of reasons to be jolly at the chevy year-end event because chevy's giving more. more efficiency with sonic and cruze... more function in equinox and traverse... more dependability with the legendary silverado... and more style in the all-new malibu. chevy's giving more at the year-end event because 'tis the season. chevy's giving more. this holiday season, get a 2013 cruze ls for around $149 per month or get $500 holiday bonus cash. >>> good morning, damp and chi chilly around most of the region an and we're in the 40s to near 50 de degrees. pa patchy fog and areas west of i-95. mi mid day, gusts to around 30 mil miles an hour and highs reaching the the upper 50s and tomorrow, lots of of sunshine, wind and rain like likely on thursday afternoon and into the evening and then windy and c
. washington even during that speed read is still trying to find some type of solution to avoid the potential tax hikes and spending cuts set to hit at the end of this year. so look, taxes are coming april 15th. how can you the taxpayer prepare for whatever type of decision comes out of the beltway? joining me now is john hewitt, yes, of course from the former jackson hewitt. he's chairman and ceo now of liberty tax, one of the largest tax preparation businesses. oh, boy, a lot of people want to hear from you because perhaps there's a low-grade panic going on in their hearts and minds right now,,thinking what should i be doing in advance to limit my tax bill that i might get? can you even know when we don't know the landscape? >> it's hard to tell. and it's the most confusing it's been in my 43 year career. there are certain things we can do and certain situations. you need to check with your tax advisor. we eastbound p help people -- we even help people that aren't our customers so you can call and give you advice for your particular situation. liz: let's break out the most common situations
of the new debate focuses on the rifle that adam lanza used on friday the ar-15. chip reid is in washington. good morning. >> reporter: well, good morning, nora and charlie. gun control advocates can't imagine why any law-abiding citizen would want or need a powerful military-style gun like the ar-15. among gun enthusiasts the followers number in the millions. more than three million americans own an ar-15, the most popular rifle in america. >> it's -- a fun gun to shoot. >> reporter: gun store owners say buyers also like it because it's the civilian version of the fearsome m-16 used in the military. its futuristic appearance has it playing a starring role in american pop culture. >> you tell me right now -- >> reporter: the gun of choice in movies and video games. >> you just see it and you want it. it's just the same reason why somebody stands on line for 25 hours to buy an apple iphone. >> reporter: it's a weapon that's been used in some of the worst mass shootings in recent history. it was an ar-15 that was used last friday that killed 26 people at sandy hook elementa
Search Results 0 to 28 of about 29 (some duplicates have been removed)